ACAMS
CAMS · Question #8
Which two statements in the Wolfsberg Group's "Suppression of the Financing of Terrorism" define the role financial institutions should play in the fight against terrorism? (Choose two.)
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Compliance Standards (International AML/CFT Standards and the role of FATF)
Question
Which two statements in the Wolfsberg Group's "Suppression of the Financing of Terrorism" define the role financial institutions should play in the fight against terrorism? (Choose two.)
Options
- AFinancial institutions need to assist competent authorities in fighting terrorist financing through
- BFinancial institutions need to continuously analyze the types of activity related to terrorist
- CFinancial institutions should have financial intelligence units dedicated to the investigation of
- DFinancial institutions should apply extra due diligence whenever they see suspicious or irregular
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Topics
#Wolfsberg Group#terrorist financing#financial institution obligations#enhanced due diligence